ChoiceOne Financial Services, Inc.
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Houlihan Lokey (HLI) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-07-22 15:00
Core Viewpoint - The market anticipates Houlihan Lokey (HLI) will report a year-over-year increase in earnings driven by higher revenues when it releases its quarterly results for the period ending June 2025 [1] Earnings Expectations - The upcoming earnings report is expected to be released on July 29, with a consensus EPS estimate of $1.69, reflecting a year-over-year increase of +38.5% [3] - Revenues are projected to reach $588.56 million, which is a 14.6% increase from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' assessments [4] - The Most Accurate Estimate for Houlihan Lokey is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +6.60%, suggesting a bullish outlook from analysts [12] Earnings Surprise History - In the last reported quarter, Houlihan Lokey exceeded the expected EPS of $1.61 by delivering $1.96, resulting in a surprise of +21.74% [13] - Over the past four quarters, the company has beaten consensus EPS estimates three times [14] Additional Insights - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [10] - The current Zacks Rank for Houlihan Lokey is 3, indicating a moderate outlook [12]
Blackstone Inc. (BX) Q1 Earnings and Revenues Surpass Estimates
ZACKS· 2025-04-17 13:05
Group 1 - Blackstone Inc. reported quarterly earnings of $1.09 per share, exceeding the Zacks Consensus Estimate of $1.04 per share, and up from $0.98 per share a year ago, representing an earnings surprise of 4.81% [1] - The company posted revenues of $2.76 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.62%, compared to year-ago revenues of $2.55 billion [2] - Blackstone Inc. has surpassed consensus EPS estimates three times over the last four quarters and topped consensus revenue estimates four times during the same period [2] Group 2 - The stock has underperformed, losing about 25% since the beginning of the year, while the S&P 500 has declined by 10.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $1.19 on revenues of $2.9 billion, and for the current fiscal year, it is $5.13 on revenues of $12.39 billion [7] Group 3 - The Zacks Industry Rank places Financial - Miscellaneous Services in the top 31% of over 250 Zacks industries, indicating that the industry outlook can significantly impact stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]
Strength Seen in Moody's (MCO): Can Its 10.6% Jump Turn into More Strength?
ZACKS· 2025-04-10 16:30
Company Overview - Moody's shares ended the last trading session 10.6% higher at $438.59, following a significant volume of trading, contrasting with a 10.6% loss over the past four weeks [1] - The stock's rally was positively influenced by President Trump's announcement of a 90-day tariff suspension for non-retaliating countries, which alleviated trade tensions and boosted investor sentiment [2] Earnings Expectations - Moody's is expected to report quarterly earnings of $3.56 per share, reflecting a year-over-year increase of 5.6% [2] - Revenue expectations stand at $1.89 billion, which is a 5.9% increase from the same quarter last year [2] Earnings Estimate Revisions - The consensus EPS estimate for Moody's has been revised 0.8% higher over the last 30 days, indicating a positive trend that typically correlates with price appreciation [4] - Empirical research suggests that trends in earnings estimate revisions are strongly correlated with near-term stock price movements [3] Industry Comparison - Moody's holds a Zacks Rank of 2 (Buy) within the Zacks Financial - Miscellaneous Services industry [4] - Another company in the same industry, ChoiceOne Financial Services, Inc. (COFS), closed the last trading session 3.5% higher at $26.55, but has returned -11.8% over the past month [4]
ChoiceOne Financial Services, Inc. Completes Successful Consolidation of ChoiceOne Bank and The State Bank
Prnewswire· 2025-03-17 12:40
Core Viewpoint - ChoiceOne Financial Services, Inc. has successfully consolidated The State Bank into ChoiceOne Bank, enhancing operational efficiency and growth opportunities in Michigan [1][2]. Group 1: Consolidation Details - The consolidation of The State Bank into ChoiceOne Bank was completed on March 14, 2025, with The State Bank now operating under the ChoiceOne Bank name [1]. - This merger follows the earlier completion of the merger with Fentura on March 1, 2025, resulting in a financial holding company with over $4 billion in assets and 56 offices across West, Central, and Southeast Michigan [3]. Group 2: Leadership and Community Engagement - Former Fentura CEO Ronald Justice highlighted the merger as a significant opportunity for customers, communities, employees, and shareholders, emphasizing the cultural and geographical fit [4]. - The company celebrated its name change with community officials and made donations to local nonprofit organizations, reinforcing its commitment to community support [5]. Group 3: Company Overview - ChoiceOne Financial Services, Inc. is headquartered in Sparta, Michigan, and operates as a financial holding company with over $4 billion in assets [6]. - ChoiceOne Bank provides insurance and investment products through its subsidiary, ChoiceOne Insurance Agencies, Inc., and is listed on the Nasdaq Capital Market under the symbol "COFS" [6].
ChoiceOne Financial Services, Inc. and Fentura Financial, Inc. Complete Merger
Prnewswire· 2025-03-03 13:30
Core Viewpoint - ChoiceOne Financial Services has successfully completed the merger with Fentura Financial, creating a bank holding company with assets exceeding $4 billion and operating 56 offices across Michigan [1][2]. Group 1: Merger Details - The merger between ChoiceOne Financial Services and Fentura Financial became effective on March 1, 2025 [1]. - The combined organization will be headquartered in Sparta, Michigan, and will consolidate The State Bank into ChoiceOne Bank, effective March 14, 2025 [2]. Group 2: Strategic Benefits - The acquisition is described as a natural geographical and cultural fit, allowing for an expansion of the community bank franchise into Central and Southeastern Michigan [2]. - The merger is expected to enhance the range and capacity for commercial and consumer lending, alongside advancements in technology [2]. - ChoiceOne aims to provide a comprehensive line of products and services to small businesses and consumers in West, Central, and Southeast Michigan through an improved retail network [2]. Group 3: Company Overview - ChoiceOne Financial Services is a financial holding company and the parent corporation of ChoiceOne Bank and The State Bank, collectively operating 56 offices in various counties across Michigan [3]. - The company offers insurance and investment products through its subsidiary, ChoiceOne Insurance Agencies, Inc. [3]. - ChoiceOne Financial Services is publicly traded on the Nasdaq Capital Market under the symbol "COFS" [3].